cf Ahmed, Salem and Hossam partnership agreement agreed to share profits and losses in a ratio of 12.1. respectively. Ahmed has an annual salary of KD 20,000 and Hossam has an annual salary of KD 12,000. There is interest based on the beginning balances of capitals by 10% yearly. At the beginning of the year, Ahmed Capital account had a balance of KD 300,000, Salem Capital account had a balance of KD 350,000, and Hossam capital account had a balance of KD 280,000. During the year, Ahmed and Salem withdrawn KD 8,000 and KD 5,000 respectively. The net income (loss) of the period was KD 50,000 Required: 1) Calculate the income for each partner 2) Journalize the required entries 3) Prepare the equity section of the statement of the financial position